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Two-Unit Residential Duplex
For Sale
$275,000

10-12 American Way, Frankfort, KY 40601

Both residences are occupied, and tenants pay their own utility costs.

Property Size3,468 SF
Price / SF$79.30
Days on Market13

Property Features for 10-12 American Way

General Information

Standard status Active
Size 3,468 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1.5BA
Multifamily Units 2

Building Details

Year Built 1979
Listing Agency: Bluegrass Realty & Investments
Listed By: Harry Carver · License #210314
Source: Centralkentuckyhouses
Added: Oct 1 Changed: Oct 13 Last Checked: Oct 13 at 2:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bluegrass Realty & Investments

Investment Insights

Based on property information with market context.

This 3,468-square-foot duplex, built in 1979, contains two three-bedroom residences. One unit has two full bathrooms; the other has one and a half. A lower-level family room and laundry area provide additional functional space, with access to rear parking.

Both units are currently rented. Tenants cover their utility expenses, while the owner handles lawn mowing.

Key Highlights

  • 3,468‑square‑foot duplex built in 1979
  • Two three‑bedroom units
  • Bathroom configuration: two full baths in one unit; one and a half baths in the other

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, and tenants pay their own utility costs.
Where is this duplex located?
The property is located at 10-12 American Way Frankfort, KY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,468‑square‑foot duplex built in 1979; Two three‑bedroom units; Bathroom configuration: two full baths in one unit; one and a half baths in the other
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